NHA suffers Rs13.65tr losses in last five years | The Express Tribune
Key Takeaways
- The National Highway Authority (NHA) reported total losses of Rs13.65 trillion over the last five years.
- The annual deficits varied significantly, peaking at Rs4.13 trillion in 2023.
- The NHA's total income during this five-year period was only Rs159 billion.
- The figures were officially reported during a session of the National Assembly.
- Previous reports indicated that NHA's aggregate losses and loans already exceeded Rs1.82 trillion and Rs3.1 trillion, respectively.
The National Assembly was recently informed of deeply concerning financial data pertaining to the National Highway Authority (NHA), indicating massive cumulative losses over the preceding five years. Specifically, the total financial deficit suffered by the NHA reached an alarming Rs13.65 trillion across the five-year period under review. The annual breakdown of these deficits showed significant fluctuations, with losses recorded at Rs2.54 trillion in 2021, Rs1.68 trillion in 2022, a peak of Rs4.13 trillion in 2023, and projected figures of Rs3.18 trillion for 2024 and Rs3.10 trillion for 2025. Highlighting the severity of the situation, the NHA's total income during this entire timeframe amounted to a mere Rs159 billion. These new figures compound previous concerns, as reports from March indicated that the NHA's aggregate losses and outstanding loans had already crossed Rs1.82 trillion and Rs3.1 trillion, respectively.
